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Drye's Garage 347 Wilshire Ave SW 1,840 SF Retail Building Concord, NC 28025 $695,000 ($377.72/SF)

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INVESTMENT HIGHLIGHTS

  • High traffic area
  • Site flexibility with C2 zoning
  • Established business

EXECUTIVE SUMMARY

Well established business.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $30,000 $16.30

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $30,000
Annual Per SF $16.30

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
1,840 SF
Building Class
C
Year Built
1979
Price
$695,000
Price Per SF
$377.72
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.86 AC
Zoning
C2 - General Commercial District

ABOUT 347 WILSHIRE AVE SW , CONCORD, NC 28025

Prime Commercial Opportunity in Concord, NC Unlock the potential of this exceptional commercial property located at 347 Wilshire Avenue SW, Concord, NC 28027. Strategically positioned in a high-traffic area just minutes from downtown Concord, this versatile property offers outstanding visibility and access, making it an ideal investment for a variety of business uses. Situated on a generously sized lot, the building features 1800 square feet of flexible interior space—perfect for office, retail, service, or light industrial use. Ample on-site parking and convenient access to major thoroughfares including I-85 make this location highly desirable for both customers and employees. Property Highlights: High-visibility location with signage potential Flexible layout suitable for multiple commercial uses Ample on-site parking and accessible entry points Zoned C2 - General Commercial Close proximity to downtown Concord, shopping, dining, and residential neighborhoods Minutes to I-85 and Hwy 601 Whether you're an owner-occupant or investor, this property presents an outstanding opportunity to establish or grow your business in one of the region’s fastest-growing markets. Don't miss your chance to secure this valuable asset in Cabarrus County’s thriving commercial corridor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5529-88-9658-0000
Land Assessment
$440,360 (2025)
Improvements Assessment
$72,870 (2025)
Total Assessment
$513,230 (2025)
  • Listing ID: 36838337

  • Date on Market: 7/20/2025

  • Last Updated:

  • Address: 347 Wilshire Ave SW, Concord, NC 28025

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